The market is dominated by foreign suppliers, as imports account for 77.3% of total market size in 2021. B2B drives market demand, with B2B spending representing 48.9% of total demand in 2021. The UK has the third largest market size for photochemicals, explosives and other chemicals regionally, with demand reaching USD20.5 billion in 2021. Johnson Matthey Plc is the largest company in the UK, generating 7.6% of the industry’s total production value in 2021. The industry is fragmented, with the top five companies generating 17.1% of total production value in 2021. The costs of the industry increase by 17.7% in 2021, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 7.5% of production value in 2021, the 19th highest regionally. The industry’s exports share decreases in 2021 to 63.5% of total production output. With production value of USD11.3 billion, the UK accounts for 6.1% of the Western Europe total in 2021.
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This Euromonitor industrial report provides unique information on Photochemicals, Explosives and Other Chemicals in the United Kingdom: ISIC 2429. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Photochemicals, Explosives and Other Chemicals in the United Kingdom: ISIC 2429 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.
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